MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-08-0023909
Victory Iron Works Ltd - manufacturing in Howrah, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹106.03 Cr
▲ 40% YoY
Net profit · FY 2025
₹7.96 Cr
Net margin 7.5%
EBITDA · FY 2025
₹10.74 Cr
EBITDA margin 10.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.26 Cr
Issued & subscribed
Open charges
₹1.11 Cr
Satisfied ₹5.72 Cr
Company age
77 yrs
Est. 1949
Employees · EPFO
69
Provident fund records
About Victory Iron Works Ltd
Data last updated:
Victory Iron Works Ltd is a public limited company based in Howrah, West Bengal, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 25 October 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51420WB1949PLC018367. Its GSTIN is 19AABCV0145R1ZW (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.26 Cr. It was formerly known as Victory Iron Works Private Limited. It is led by directors including Satish Kumar Jhunjhunwala (Managing Director) and Suresh Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P 26 Benaras Rdsalkia, Howrah, West Bengal, India – 711106.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.03 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹7.96 Cr (net margin 7.5%) and EBITDA of ₹10.74 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.11 Cr and satisfied charges of ₹5.72 Cr on record. Court records list 53 cases involving the company, including 20 filed by the company and 33 filed against it; 4 cases are pending.
Victory Iron Works Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-08-0023909). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website victoryironworks.com.
Company details
CIN U51420WB1949PLC018367
Registration Number 018367
Incorporation Date 25 October 1949
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-08-0023909
CIN history
Victory Iron Works has one previous CIN (Corporate Identification Number): U51420WB1949PTC018367. The current CIN is U51420WB1949PLC018367, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51420WB1949PLC018367 | Current |
| U51420WB1949PTC018367 | Previous |
Key People
Satish Kumar Jhunjhunwala Managing Director Suresh Agarwal Director Samir Agarwal Director Appointed In Casual Vacancy Recognitions & Rankings of Victory Iron Works
Contact details
Victory Iron Works Ltd's registered office is in Howrah, West Bengal. Its website is victoryironworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP 26 Benaras Rdsalkia, Howrah, West Bengal, India – 711106
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Victory Iron Works Ltd, buy the company report.
Comprehensive company report
Victory Iron Works Ltd - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Victory Iron Works is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Victory Iron Works Ltd, buy the company report.
Financials of Victory Iron Works Ltd
FY 2025 filings availableVictory Iron Works Ltd reported revenue of ₹106.03 Cr (up 40% YoY) for FY 2025.
Revenue · FY 2025
₹106.03 Cr ▲ 40%
Net profit · FY 2025
₹7.96 Cr margin 7.5%
EBITDA · FY 2025
₹10.74 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▼ 3%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 120%
3 years · compounded
▲ 58%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 40% growth in the latest year. EBITDA rose 120% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.96 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Victory Iron Works Ltd, buy the company report.
Board of directors of Victory Iron Works Ltd
Victory Iron Works has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Agarwal | Director | 12 Aug 2002 | 24 Years 2 Months | Current |
| Satish Kumar Jhunjhunwala | Managing Director | 01 Jun 2014 | 12 Years 4 Months | Current |
| Samir Agarwal Also directs: Shree Gobinddeo Glass Works Ltd, Victory Castings Ltd | Director Appointed In Casual Vacancy | 23 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Victory Iron Works Ltd is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sonar Casting Limited | ₹107.6 Cr (FY 2025) | 49.0% | Lucknow, Uttar Pradesh, India | |||
| Precision Autocastings Private Limited | ₹106.78 Cr (FY 2025) | 19.0% | Jaipur, Rajasthan, India | |||
| Aqua Alloys Pvt Ltd | ₹106.68 Cr (FY 2025) | 6.0% | Kolhapur, Maharashtra, India | |||
| Siddhi Ferrous Private Limited | ₹106.4 Cr (FY 2024) | 30.0% | Gulbarga, Karnataka, India | |||
| Victory Iron Works Ltdthis company | ₹106.03 Cr (FY 2025) | ₹7.96 Cr | 7.5% | 40.0% | 69 | Howrah, West Bengal, India |
| Gnu Steel Casting Private Limited | ₹105.03 Cr (FY 2025) | 29.0% | Faridabad, Haryana, India | |||
| Tirumala Balaji Smelters Private Limited | ₹105.03 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Sandori Castings Private Limited | ₹102.83 Cr (FY 2025) | 6.0% | Veraval Shapar, Gujarat, India |
To see the full peer comparison of Victory Iron Works Ltd, buy the company report.
Auditor
Victory Iron Works Ltd is audited by ASIT BARAN PAUL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASIT BARAN PAUL & CO | FY 2023 | 333482E |
Shareholding
The shareholding of Victory Iron Works Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Victory Iron Works Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.11 Cr
Satisfied charges
₹5.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2003 | 90250587 | Canara Bank | ₹32 Lakh | Open | |
| 01 Oct 2002 | 90251308 | Canara Bank | ₹15 Lakh | Open | |
| 07 Jun 1997 | 90250228 | Canara Bank | ₹25 Lakh | Open | |
| 07 Jun 1997 | 90251163 | Canara Bank | ₹39 Lakh | Open | |
| 24 Dec 1998 | 90249204 | The South Indian Bank Limited | ₹4.83 Cr | Satisfied |
To see the full charge records of Victory Iron Works Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Victory Iron Works Ltd has 53 court cases on record: 20 filed by Victory Iron Works, 33 filed against it. 4 cases are pending and 49 are disposed.
Total cases
53
Filed by the company
20
Filed against the company
33
Pending
4
Disposed
49
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 19 | 1 |
| District courts | 10 | 8 | 1 |
| NCLAT | 6 | 5 | 2 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Energy Properties Private Limited | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Jitendra Lohia RP of Avani Towers Pvt Ltd & Anr and 1 other | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Energy Properties Private Limited THR. Its Director O/At Ramrajatala Station Road, LP 482/7/5 ,Howrah , West Bengal | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Jitendra Lohia Resolution Professional of Avani Towers Pvt. Ltd. Todi Chambers, 2 Lal Bazar Street, Room No. 204 and 205, 2Nd Floor, Kolkata ,Kolkata , West Bengal and 1 other | Disposed |
| High Court | Civil suit | Filed against the company by Fortis Financial Services Ltd. | Disposed |
To see the full case history of Victory Iron Works Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Victory Iron Works Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Victory Iron Works Ltd has a workforce of 69 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
69
Active EPFO establishments
1
Employee growth
-24.18%
GST
Victory Iron Works has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCV0145R1ZW | West Bengal | Active | 01 Jul 2017 |
| 19AABCV0145R1D5 | West Bengal | Active | 19 Nov 2024 |
To see the full GST registrations and return filing status of Victory Iron Works Ltd, buy the company report.
Recent activity
Victory Iron Works Ltd has 5 board changes on record since 2002: 3 appointments and 2 cessations. The latest: Samir Agarwal was appointed as Director Appointed In Casual Vacancy on 23 Sep 2016.
AGM
Victory Iron Works Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Victory Iron Works Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Appointed
Samir Agarwal was appointed as Director Appointed In Casual Vacancy.
Ceased
Partha Sarathi Chakrabarti ceased to be Director.
Charges
A charge registered on 24 Dec 1998 via Charge ID 90249204 with The South Indian Bank Limited was fully satisfied on 08 Jun 2015.
Appointed
Satish Kumar Jhunjhunwala was appointed as Managing Director.
Ceased
Satish Kumar Jhunjhunwala ceased to be Director.
Charges
A charge registered on 02 Jul 1996 via Charge ID 90250163 with West Bengal Financial Corporation was fully satisfied on 07 Apr 2011.
Charges
A charge with Canara Bank amounted to Rs. 0.32 Cr with Charge ID 90250587 was registered on 08 Mar 2003.
Charges
A charge with Canara Bank amounted to Rs. 0.15 Cr with Charge ID 90251308 was registered on 01 Oct 2002.
Appointed
Suresh Agarwal was appointed as Director.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 4.83 Cr with Charge ID 90249204 was registered on 24 Dec 1998.
4 earlier events are in the company report.
Frequently asked questions
Victory Iron Works is an active public limited company based in Howrah, West Bengal, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 25 October 1949 (77+ years old) and is registered under CIN U51420WB1949PLC018367.
Victory Iron Works has 3 current directors:
- Satish Kumar Jhunjhunwala - Managing Director
- Suresh Agarwal - Director
- Samir Agarwal - Director Appointed In Casual Vacancy
The latest financial statements of Victory Iron Works on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Victory Iron Works is 19AABCV0145R1ZW, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AABCV0145R1D5 (West Bengal).
The CIN (Corporate Identification Number) of Victory Iron Works is U51420WB1949PLC018367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Iron Works has 53 court cases on record: 20 filed by the company and 33 filed against it. 4 are pending. Most are in the high courts.
Victory Iron Works was incorporated on 25 October 1949, making it 77+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Victory Iron Works by revenue are Sonar Casting Limited, Precision Autocastings Private Limited, Aqua Alloys Pvt Ltd, Siddhi Ferrous Private Limited, Gnu Steel Casting Private Limited and 2 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Samir Agarwal was appointed as Director Appointed In Casual Vacancy on 23 Sep 2016. Partha Sarathi Chakrabarti ceased to be Director on 22 Sep 2016. Satish Kumar Jhunjhunwala was appointed as Managing Director on 01 Jun 2014. Victory Iron Works has 5 board changes on record in total.
Yes, Victory Iron Works is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-08-0023909).
Victory Iron Works can be reached through the website victoryironworks.com. Its registered office is in Howrah, West Bengal, India.
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